Common use of Assignment of Interests Clause in Contracts

Assignment of Interests. (Applies ONLY if Multi-Member): Except as otherwise provided in this Agreement, no Member or other person holding any interest in the Company may assign, pledge, hypothecate, transfer, or otherwise dispose of all or any part of their interest in the Company including, without limitation, the capital, profits, or distributions of the Company, without the prior written consent of the other Members in each instance.

Appears in 21 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

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